I wondered that myself. Is Jefferies betting that the offering will put an end to the suppression so they pre-loaded? Or were they sucking up to Lombardo to get the contract?
I think we'll soon find out, this could be the last effort that starts the push back up now that the cash situation is being addressed. If Jefferies was contributing to the stock slide, then it would make sense for them to start buying knowing they would soon let off the brakes.